Suburb Profile Report for Birkdale QLD (4159)

Birkdale House: Median price $561,000, Annual capital growth 1.75%, Number of sales 232, Weekly median advertised rent $490

Birkdale Unit: Median price $362,500, Annual capital growth 0.28%, Number of sales 19, Weekly median advertised rent $395

  • House
  • Unit
Source: CoreLogic RP Data
  • Median price
  • Number of sales

Source: Monthly data update for Jun 2020 as supplied by CoreLogic. Data is reported to the period ending Mar 2020. Please note that property sales data is routinely updated, so may change retrospectively.

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At number 3016th in the list of Australian suburbs ordered by increase in median house value over the last year, Birkdale, 4159 is in the BOTTOM 30% with a property value increase of -3.28% recorded in median house prices.

A 13.33% growth in median value for property investors in Birkdale,4159 puts this suburb at number 643th in terms of best performing suburbs in QLD

Vendor discounting in Birkdale is giving property investors an average Vendor Discount of around -5.69%. This puts suburb at number 439th in QLD when ranking the most discounted suburbs.

Advertised rents are around the $490 mark per week – giving a return of 4.54% based on the median price in Suburb

If you compare the increase in value of investment property in Birkdale, 4159 to the rest of Australia, it performed poorly. The median increase in value, or capital gain property investors experienced for this QLD suburb was -6.99%.

While Birkdale,4159 ranked number 282th in QLD for increase in median house value (annualised) increase, it is ranked 163th over the last 5 years.

The QLD suburb of Birkdale, 4159 is in the Redland (C) local government area.

Information supplied by:


August 2018

M
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Buyers enjoy a central location

Postcode: 4159

Median house price: $569,500

Three-year growth: 15.6%

Rental yield: 4.3%

Stretching from Tingalpa Creek to Wellington Point, the suburb of Birkdale is rich in amenities, with a location that offers access to shops and dining establishments.

After 7.5% growth in the 12 months to May 2018, the median house price hit $570,000. This maintains the five-year streak of steady increases in values.

Investors enjoy a consistent stream of tenants while reaping 4.3% yield on weekly rents of $470, as the rental market boasts an average vacancy rate of just 0.9%.

Birkdale offers a lifestyle that is removed from Brisbane’s busy city while keeping residents close to the water, to schools, shops and public transport. A major shopping hub is located near the housing development of Aquatic Paradise. Birkdale State School and Birkdale South State School have been established here as well. Trains to the city stop at Birkdale railway station.

Metrics i HOUSE UNIT
$561,000 $362,500
-0.71% -2.42%
-3.28% -6.99%
1.75% 0.28%
$490 $395
232 19
4.54% 5.67%
66.3333333333333 100.666666666667

Source: Monthly data update for Jun 2020 as supplied by CoreLogic. Data is reported to the period ending Mar 2020. Please note that property sales data is routinely updated, so may change retrospectively.

DSR Score for property investment : Good (H), Good (U)
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Demographics
Total population 13795
Median household income ($/weekly) 1463
Median age of persons 39
Median housing loan repayment ($/monthly) 2000
Average household size 2.8
  • Census Count Percent(%)
    5-14 years 1881 13.6
    25-34 years 1422 10.3
    35-44 years 1902 13.8
    45-54 years 2003 14.5
    55-64 years 1792 13.0
    Others 4794 34.8
    Age Group
    Census Count Percent(%)
    Registered Married 5519 54.1
    Not Married 3831 37.6
    Defacto Relationship 849 8.3
    Social Marital Status
  • Census Count Percent(%)
    Australia 10386 77.7
    Papua New Guinea 678 5.1
    South Africa 174 1.3
    United Kingdom 935 7.0
    Other 367 2.7
    Others 827 6.2
    Country of Birth
    Census Count Percent(%)
    Buddhism 143 1.1
    Christianity 9840 76.3
    Hinduism 54 0.4
    Other Religious Groups 79 0.6
    No Religion 2724 21.1
    Others 51 0.4
    Religious Affiliation
  • Census Count Percent(%)
    $400-$599 405 9.6
    $1,250-$1,499 386 9.2
    $1,500-$1,999 615 14.6
    $2,000-$2,499 506 12.0
    $2,500-$2,999 410 9.7
    Others 1894 44.9
    Gross Household Income (Weekly)
    Census Count Percent(%)
    Employed, worked full-time 4392 41.2
    Not in the labour force 3330 31.2
    Employed, worked part-time 2147 20.1
    Employed, away from work 398 3.7
    Unemployed, looking for work 395 3.7
    Person Characteristics
  • Census Count Percent(%)
    Managers 770 11.1
    Professionals 1196 17.2
    Technicians & trades workers 1113 16.1
    Clerical & administrative workers 1240 17.9
    Sales 708 10.2
    Others 1907 27.5
    Occupation
    Census Count Percent(%)
    Pre-school 149 4.6
    Infants/Primary 1318 40.5
    Secondary 966 29.7
    Technical or Further Educational Institution 290 8.9
    University or other Tertiary Institutions 448 13.8
    Others 80 2.5
    Type of Educational Institution Attending
  • Census Count Percent(%)
    Separate house 12083 92.4
    Semi-detached, row or terrace house, townhouse 768 5.9
    Flat, unit or apartment 115 0.9
    Caravan, cabin, houseboat 105 0.8
    House or flat attached to a shop, office 5 0.0
    Others 0 0.0
    Dwelling Structure
    Census Count Percent(%)
    Being purchased 1944 41.8
    Fully owned 1621 34.9
    Rented 960 20.7
    Other tenure type 121 2.6
    Tenure Type
Census 2011, ABS
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